My Oil Position....

Well I told you that this was a good area to take a position for a long. As it turns out it is making a struggle to go higher. This is anything but new trend. There is no indication that this is the turning point at all. Especially in the longer te…

What's Up With The Markets and In Particular Oil This Week? Nov 25

So what really is going on here?
     Should we believe the talking heads that we are emerging from the old financial crisis to a new more powerful and destructive one?
      Should you be running for cover at the moment?
These are all good questio…

The Week in The Markets.....Nov. 18, 2018

While nothing is really decided in the markets as for what the talking heads think I believe that we are due for some nice rallies in the indexes this week. Might be a time to look at all US stock indexes for a chance to play a nice rise. As Novemb…

Can You Really Time a Top or Bottom?

A lot of day traders and guru's would have you believe that it is easy to spot a top or bottom. The true answer to this is of course, "no one really knows". If you understand how liquidity is provided then you know that it is the peop…

If You Are Thinking of A Short.....

While the markets remain bound in a sideways range (which I see for the forseeable future) you may be wondering where they are headed next. I think I may have found a little tid bit for you in the DOW.
       You can see from the chart below which …

Oil Close To Bottoming...

As the dirty energy (in more ways than one) touched the 62 mark today I began to see what I tend to look for when I call a position.
What is that?
    I think you know by now. The talking heads all collaborating on how low oil is likely to go along…